Inflation Adjustment Policy

The Brandtrack subscription fee may be periodically adjusted based on the official inflation indexes of the country where the customer's stores are located. This policy allows the service value to be kept up to date according to the economic evolution of each market.

How Adjustments Are Applied

The subscription price adjustment can be made:

• Quarterly, or

• Semiannually

This will occur if the accumulated inflation for the period exceeds 10%.

If the accumulated inflation does not exceed 10% during those periods, the adjustment will be applied annually.

This policy applies to customers with more than 3 months of service tenure.

Billing with Special Cycles

If your account has a billing cycle:

• Semiannual, or

• Annual

The adjustment will be applied at the start of the next corresponding billing period.

When You Can See Adjustments on Your Invoices

Depending on the inflation period, adjustments may be reflected in the following invoices:

• January: annual inflation

• February: inflation of the fourth quarter or second semester

• May: inflation of the first quarter

• August: inflation of the second quarter or first semester

• November: inflation of the third quarter

Recent Inflation Reference by Country

Some examples of recent inflation indexes include:

 

Important

Adjustments are calculated solely based on official indexes published by economic organizations of each country. These values may vary over time according to updates from the corresponding institutions.